Internal Auditor

AI overview

Enhance the school's governance by implementing effective controls, conducting audits, and advising on risk, while continuously improving the internal control systems.

Job Purpose

The Internal Auditor ensures the implementation of effective controls in the School’s processes, operations and system to ensure transparency and promote good governance. He/She proactively coordinates preventive detection of sharp practices and continuously seek for ways to eradicate leakages and improve the School’s internal control systems.

Core Responsibilities

Prepare the annual internal audit work plan and ensure its execution
Continuously review / assess the business and operational risks facing the School in order to proactively establish appropriate mitigating controls and monitoring frameworks
Conduct periodic financial, compliance, operational and special audits and carry out investigations into reported irregularities, as required by the School
Highlight and flag duplications, leakages, and weaknesses across the school’s business processes and systems and provide recommendations to improve the internal control systems and the quality of the school’s processes and system
Verify that the school’s PPP (Policies, Procedures and Processes) manual is followed in all areas of the school’s operations
Interpret and analyze reports / data to identify possible risk exposure and advise the Principal, Risk Committee, and the Board on risk exposure – internally and externally
Collaborate with external auditors in their independent examination of the School’s financial statements
Stay abreast of industry trends and developments to enable the development and implementation of appropriate control measures, monitoring mechanism as well as their continuous update / revision
Prepare and submit periodic activity / management reports to the Board, on the activities of the Internal function including findings and overall assessment of the School’s control environment
Perform any other duties that complement the internal control systems of the School.

First degree in Accounting or any related discipline
Professional accounting certification e.g. ICAN, ACA, ACCA, CPA, CIMA. (CISA will be an added advantage)
Minimum of ten (10) years internal audit experience in a reputable organization or eight (8) years’ experience in an audit firm. Competencies and Skills
Knowledge of Internal audit and Risk methodologies
Knowledge of corporate governance procedures, accounting standards, GAAP, auditing guidelines
Knowledge of Internal controls with particular emphasis on educational institutions
Good understanding of the operations of an educational institution
Maturity and tact, including the ability to relate effectively with various stakeholders
Good report writing and oral communication skills
Good knowledge of financial and IT systems controls
Good knowledge of finance and business applications and systems
Good appreciation and working knowledge SAGE Evolution and of Microsoft Office productivity tools
Good decision making, problem solving and leadership skills
High sense of responsibility, accountability and dependability
High integrity and ethical standards